bpv GRIGORESCU advises Techem on acquisition of business unit from Contor Group - 8 December 2006

Lawyers from bpv GRIGORESCU in Bucharest have advised German group Techem on the acquisition of the heat energy metering provider Servito SRL, a transaction amounting to 5 million Euros. Through this acquisition Techem becomes leader on the Romanian market in this field, with a market share rising from 14 to 27%.

A team of lawyers from the Romanian law firm bpv GRIGORESCU led by Partner Anca Părăscan supported Techem in all stages of this transaction with legal advice in the areas of corporate, due diligence investigation, drafting and negotiation of transaction documents, relevant transaction filing and registration and advice on competition law issues.

bpv Grigorescu advises Techem AG on its activity in Romania comprehensively in the areas of regulatory, corporate, competition and employment law.